Tag: Department of Budget and Management

Brazilian aerospace manufacturer Embraer sees defense and aircraft sales as a potential springboard for long-term industrial cooperation with the Philippines, with opportunities extending beyond equipment purchases to maintenance, training and technology transfer.

President Ferdinand Marcos Jr. has created a national council to fast-track artificial intelligence (AI) adoption, coordinate government initiatives, and attract investments in the emerging technology, while addressing risks to jobs and workers.

The Philippines expects two major trade initiatives, the ASEAN Digital Economy Framework Agreement (DEFA) and a free trade agreement with Canada, to expand export opportunities and help smaller enterprises participate more actively in international commerce.

The Philippines is seeking Brazilian investments in food processing, ethanol and clean energy, as government and business leaders pursue partnerships to boost domestic production, create jobs and strengthen food and energy security.